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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: stockalot who wrote (24657)8/30/2006 5:21:24 PM
From: fahrenheit451  Read Replies (1) | Respond to of 42834
 
Stocksalot

Math is up to his old trick trying to cover up his problem. The issue here is not the wording but the fact that math said he was lying. For that to be a fact Retiredinprescot would have to be making a false statement WITH THE INTENTION TO DECEIVE. Here is is response and I am convinced that he is not trying to deceive anyone.



Notice to retiredinprescot

Author: retiredinprescot
Date: August 29, 2006
In response to Notice to retiredinprescot posted by JeffChristy:
JeffChristy,
I don't know that poster on the Siliconinvestor Board (Mathjunkie) but he/she obviously has an axe to grind. I stated clearly that Bob Brinker advised us in a bulletin to place UP TO half of our stock market cash into the QQQ trade. He had NO seperate bulletin or advice for those of us who had recently retired. He did recommend that "conservative" investors should put a lower percentage of stock market cash into the trade.
I merely reported what I did based on Bob Brinker's advice and bulletin. As a young retiree (I was 52 at the time and my wife was 46) I felt that I needed to be reasonably aggressive to have my assets last a long time. I have stated before that I naively followed Bob's advice and my real gripe with Bob was that he left all of us HANGING by never giving us an exit strategy and, as you know, he eventually stopped mentioning the trade in his newsletter (and, of course, on the radio).
I did not lie and mathjunkie should apologize (don't hold your breath)